The 13 Sheffield postcodes where house prices are falling fastest, as property values tumble

Some areas are weathering the storm better than others

House prices across the UK have suffered their biggest August fall since 2018, new figures show, with Sheffield proving no exception.

The latest Rightmove House Price Index shows that the average asking price of newly-listed properties across Britain dropped by £7,360, or two per cent, this month.

According to the estate agent comparison website GetAgent, the average asking price across Sheffield has fallen by 1.6 per cent.

But the picture varies considerably between postcode areas.

While no Sheffield postcodes saw an increase this month, some areas fell more drastically than others.

In S7, the average asking price dropped the least, by just 0.8 per cent. This area includes Nether Edge, Sharrow ,Carter Knowle and Millhouses.

This is significantly lower than the postcode at the top of this list, which fell by 2.5 per cent.

Below are the 13 Sheffield postcode areas with the biggest percentage falls in asking prices, ranked from the smallest drop to the largest.

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